All TDS rate Chart (192 to 195) applicable from Financial year 2019-20 (AY 2019-20) for payments made to persons resident/ non resident in India (Individuals, Firms, Companies, etc.) along with threshold limit, applicability for resident or non resident, TDS rate, non deduction of TDS and point of time of deduction.

Section Nature of Payment for Domestic Transactions Thres-hold Limit Individual / HUF Others 15G-15H Deduction At the  time of
Rs. TDS Rate (%)

 

Allowed  
192 Salaries (Annexure-I)

(resident & non resident)

Basis on Slab No payment
192A Premature withdrawal from EPF 50,000 10 YES payment
193 Interest on Securities/ Debentures 10,000 10 10 No Credit or payment (earlier)
194 Dividends (other than listed Companies) 10 10 YES payment
 

194A

Interest (Banks)/ For Senior Citizen Rs. 50000 40,000/

50000

10 10 YES Credit or payment (earlier)
Interest (Others) 5,000 10 10 YES Credit or payment (earlier)
194B Winning from Lotteries

(resident & non resident)

10,000 30 30 No payment
194BB Winning from Horse Race

(resident & non resident)

10,000 30 30 No payment
 

 

194C

 

Contractor – Single Transaction 30,000 1 2 No Credit or payment (earlier)
Contractor – During the F.Y. 1,00,000 1 2 No Credit or payment (earlier)
Transporter (44AE) declaration with PAN
194D Insurance Commission 15,000 5 10 YES Credit or payment (earlier)
194DA Life insurance Policy 1,00,000 1 1 YES payment
194E Non-Resident Sportsmen or Sports Association 20 20 No Credit or payment (earlier)
194EE NSS

(resident & non resident)

2,500 10 10 YES payment
194F Repurchase Units by MFs

(resident & non resident)

20 20 No Credit or payment (earlier)
194G Commission – Lottery

(resident & non resident)

15,000 5 5 No Credit or payment (earlier)
194H Commission / Brokerage 15,000 5 5 No Credit or payment (earlier)
 

 

194I

Rent of Land and Building – F&F 2,40,000 10 10 YES Credit or payment (earlier)
Rent of Plant / Machinery / Equipment 2,40,000 2 2 YES Credit or payment (earlier)
194IB Rent by Individual / HUF (wef 01.06.2017) 50000/PM 5 No Credit or payment (earlier)
194IA Transfer of certain immovable property other than agriculture land 50,00,000 1 1 No Credit or payment (earlier)
 

 

 

194J

Professional Fees / Technical Fees /Director fees/ royalty 30,000 10 10 No Credit or payment (earlier)
Payment to Call Centre Operator 30,000 2 2 No Credit or payment (earlier)
 

 

 

 

194LA

Compensation on transfer of certain immovable property other than agricultural land 2,50,000 10 10 No payment
Immovable Property (TDS exempted under RFCTLARR Act (w.e.f. 01.04.2017)
194LB Income by way of interest from infrastructure debt fund(non- resident) 5 5 No Credit or payment (earlier)
194LC Income by way of interest by an Indian specified company to a non-resident / foreign company on foreign currency approved loan / long-term infrastructure bonds from outside India (applicable from July 1, 2012) 5 5 No Credit or payment (earlier)
194LD Interest on certain bonds and Govt. Securities (from 01-06-2013)

(non resident)

5 5 No Credit or payment (earlier)
195 Other sum (payable to non Resident)
  a) Income in respect of investment made by a Non-resident Indian Citizen 20 20 No  

 

 

 

 

 

 

 

Credit or payment (earlier)

  b) Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen 10 10 No
  c) Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-section (1) of Section 193 10 10 No
  d) Income by way of short-term capital gains referred to in Section 111A 15 15 No
  e) Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses (33), (36) and (38) of Section 10] 20 20 No
  f) Income by way of interest payable by Government or an Indian concern on money borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC 20 20 No
  Any other income 30 30 No

(Mr. Sandeep Rawat has vast experience & knowledge in dealing with Direct and Indirect Taxation.  He can be reached at  sandeeprawatca@gmail.com)

Author Bio

Qualification: CA in Job / Business
Company: SRTConsultancy & Company
Location: NEW DELHI, New Delhi, IN
Member Since: 14 Jul 2018 | Total Posts: 21
Mr. Sandeep Rawat brings more than 5 years of broad and progressive experience as a strategic business partner in addition to being an expert in taxation.he has vast experience in conducting financial audits and tax planning of government corporations, private industries, foreign companies, NGOs, ba View Full Profile

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